Been watching the charts and that late-February dump was brutal. Bitcoin got hammered down toward $60K while ETH dropped even harder to $1.8K. At the time it felt like everything just broke at once. Turns out it was a perfect storm - the Israel-Iran escalation spooked risk assets, inflation data came in hotter than expected which killed rate cut hopes, and then liquidations just cascaded. Over $88M in BTC longs got wiped out in minutes. The real kicker was that Bitcoin ETF inflows had already cooled off, so there wasn't enough institutional buying to prop things up when the panic hit. That's why understanding the macro backdrop matters - when you've got geopolitical shock hitting a market that's already fragile from rate expectations shifting, it doesn't take much to trigger a selloff. Interesting part though: we're now a month out and BTC has recovered to $67.93K, ETH back up to $2.07K. Shows how these crashes can look catastrophic in the moment but the market finds its footing. Still worth keeping an eye on those key support levels though.